Africa: Continent's Growth Remains Low - World Bank

Growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the underperformance of the continent's largest economies, high inflation, and… Read more »

Comoros: Comoros Receives $30 Million to Provide Emergency Cash Transfers and Improve the Resilience of Vulnerable Households

The World Bank approved a $30 million grant of which $15 million comes from the Crisis Response Window to provide both immediate and medium-term support to vulnerable populations.… Read more »

Cote d'Ivoire: A New Strategy to Support Economic and Social Transformation in Côte d'Ivoire

The World Bank Group today presented a new Country Partnership Framework (CPF) 2023-2027 with Côte d'Ivoire that focuses on improving human capital, reducing disparities and… Read more »

West Africa: Accelerating Access to Renewable Energy in West Africa

Sierra Leone, Chad, Liberia, and Togo Kick Off Activities to Increase Grid-Connected Renewable Energy Capacity Read more »

Africa: Ghana Begins Receiving Payments for Reducing Carbon Emissions in Forest Landscapes

Ghana has become the second country in Africa after Mozambique to receive payments from a World Bank trust fund for reducing emissions from deforestation and forest degradation,… Read more »

Zimbabwe: Pilot Project Shows How Grants, Cash, and Menstrual Pads Can Keep Adolescent Girls in School

STORY HIGHLIGHTS Read more »

Tanzania: Over 400,000 Students to Benefit From Improved and More Inclusive Education in Zanzibar

More than 400,000 primary students in Zanzibar, half of them girls, will have access to more a conducive learning environment with reduced class sizes and strengthened teacher… Read more »

Rwanda: World Bank Provides $200 Million to Support Accelerated Human Capital Development in Rwanda

The World Bank's Board of Directors approved $200 million in International Development Association (*IDA) financing to advance Rwanda's policy and institutional reform program for… Read more »

Africa: New Financing to Support Inclusive and Resilient Economic Recovery and Improved Healthcare Services

The World Bank has today approved two financing programs for Tanzania totaling $775 million. The new International Development Association (*IDA) financing consists of a $500… Read more »

Zambia: World Bank Releases $100 Million for Zambia Amid Substantial Delays in Debt Restructuring

The World Bank announced today that it is releasing the second tranche of its support for the Zambia Macroeconomic Stability, Growth and Competitiveness Program - a $100 million… Read more »

West Africa: World Bank Approves $311 Million to Increase Grid-Connected Renewable Energy Capacity in West Africa

Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Project (RESPITE)… Read more »

Cameroon: World Bank Group Supports Cameroon to Promote Inclusive and Robust Growth and Economic Resilience

The World Bank Group's Board of Executive Directors today approved a $100 million Fiscal Consolidation and Inclusive Growth Development Policy Operation (DPO) to support inclusive… Read more »

Africa: World Bank Approves Additional Financing to Strengthen the Resilience of Food Systems in Sierra Leone

itional 516,700 people in Sierra Leone will benefit from a $50 million International Development Association (IDA)* additional financing approved today under the second phase of… Read more »

West Africa: World Bank Approves $246 Million to Strengthen Coastal Resilience in West Africa

Populations at immediate risk from coastal erosion, flooding and pollution, and people depending on agroindustry and tourism along the coastlines in The Gambia, Ghana, and… Read more »

Africa: World Bank Grants $70 Million for Delivery of Water, Agriculture, Livestock, and Environmental Services in Somalia

The World Bank approved a $70 million International Development Association (IDA*) grant to develop resilient water, agriculture, and environmental services for rural communities… Read more »

Nigeria: To Reduce Its Vulnerability to Crisis and Rise to Its Potential, Nigeria Has Urgent Choices to Make

Nigeria's economy needs to grow faster to reduce poverty. Despite favorable global oil prices, "business as usual" economic management is not delivering desired outcomes and, even… Read more »

Africa: Trade in the African Continental Free Trade Area Could Expand Uganda's Economy

The Ugandan economy needs to grow rapidly, sustainably, and broadly to reach middle-income status, lift its population out of poverty, and generate enough jobs for one of the… Read more »

Gabon: Gabon Country Economic Memorandum - Toward Greener and More Inclusive Growth

STORY HIGHLIGHTS Read more »

Africa: African Development Bank, World Bank to Jointly Launch Electricity Regulatory Index Reports for Africa and the World

The African Development Bank and the World Bank joined forces to launch parallel reports, respectively capturing the state of power sector regulation in Africa, and more broadly… Read more »

West Africa: World Bank Gives Additional U.S.$18 Million for Disease Surveillance and Epidemic Preparedness in West Africa

The World Bank Group this week approved a total of $18 million in two additional financings from the International Development Association (IDA)*to reinforce health systems and… Read more »

Gambia: World Bank Approves Additional $20 Million Grant to Help Bridge Unexpected Financing Gap

The World Bank's Board of Executive Directors today approved Supplemental Financing for The Gambia Second Fiscal Management, Energy and Telecom Reform Development Policy Financing… Read more »

Africa: Angola's Economic Diversification and Development Potential Are Inextricably Linked to Climate Resilience #AfricaClimateCrisis

the impacts of climate change increasingly threaten people's lives and livelihoods across the country, it will be critical for Angola to use the revenues from its remaining oil… Read more »

Somalia: Somalia's Economy Expected to Grow Despite Significant Shocks

omalia's economy rebounded with GDP growth of 2.9 percent in 2021, up from a contraction of 0.3 percent in 2020 and 0.5 percent higher than last year's forecast of 2.4 percent.… Read more »

Kenya: Boosting Equitable Development As Kenya Strives to Become an Upper Middle-Income Country

The World Bank Group (WBG) Board of Executive Directors today voiced its support for the WBG's latest six-year strategy to support Kenya in its ongoing efforts towards green,… Read more »

Botswana: World Bank Appoints Liang Wang As New Country Representative for Botswana

The World Bank is pleased to announce the appointment of Mr. Liang Wang as the new Country Representative for Botswana, effective November 15, 2022. Read more »